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Home Blockchain

First Solana Treasury Nasdaq Listing Just Sent Shockwaves—STKE Debut Fuels Snorter’s $3.82M Presale Frenzy

by DigestWire member
September 10, 2025
in Blockchain, Crypto Market, Cryptocurrency
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SOL Strategies, a leading Canadian firm with a Solana treasury and validator operations, has become the first Solana-centric enterprise to debut on the Nasdaq.

The stock will be listed under the ticker ‘STKE’ as of September 9, 2025. Leah Wald and other crypto analysts posted sentiments on X, claiming that this move ‘validates the Solana ecosystem.’ Leah Wald’s post on X after SOL Strategies trade on NASDAQ.This is an exciting milestone for crypto investors, as it accomplishes two goals simultaneously. It not only bridges traditional finance with the decentralized Solana ecosystem but also offers institutional validation for Solana’s infrastructure.

The Nasdaq listing could drive increased institutional inflows and higher total value locked (TVL) in Solana DeFi apps.

Additionally, the institutional validation seen with SOL Strategies’ Nasdaq listing is highly favorable for SOL-based altcoins like Snorter Token ($SNORT), which has already collected $3.82M in presale.

To learn more about about Snorter Token, read our comprehensive guide.

Why Solana’s Nasdaq Breakthrough Could Be a Game-Changer?

SOL Strategies holds 435,064 $SOL tokens, worth almost $95.4M as of September 2025, making it the third largest institutional holder of Solana worldwide.

Its recent listing on Nasdaq is tangible proof that the company meets the highest standards in transparency, liquidity, and financial governance—a feature that attracts institutional investors.

As a Nasdaq-listed company, SOL Strategies now has increased access to capital, opening the way toU.S. capital markets.

Additionally, raising more funds helps the firm scale its staking and validator operations, which in turn will increase its Solana holdings. Overall, it’s great news for investors hungry for innovation and development in the Solana ecosystem.

Not to mention, SOL Strategies has been following inMicroStrategy’s footsteps with Bitcoin, positioning itself as a launchpad for Solana adoption with this Nasdaq listing.

Why Solana’s First Nasdaq Listing Could Be a Goldmine for Investors?

According to CoinMarketCap, SOL prices have surged past $219 (the highest in 2025) since the news about SOL Strategies’ Nasdaq listing broke, driving investor optimism and attracting institutional money into the ecosystem.

Riding the bullish trend, $SOL continues to maintain steady momentum, up 5.7% this week and nearly 20% over the last month.

 Past 7 day performance of $SOL on CoinMarketCap.

Solana’s market capitalization rose to approximately $119B, positioning $SOL as the sixth-largest cryptocurrency by market cap globally.

Crypto analysis and expert sentiments remain optimistic, forecasting $SOL to trade above $220 through mid-September if the bullish trend continues.

 An X post by a well-known crypto analyst about $SOL prices.

In turns, this can create positive momentum for Solana-based projects likeSnorter Token, driving more investors toward its $3.8M-strong presale.

From STKE to Snorter Token: The Next Solana Project Set to Explode

The $SOL momentum is shining a spotlight on one of the standout Solana-based projects – Snorter Token ($SNORT).

Serving as the access key to a Telegram-based trading bot, Snorter Bot is your key to stress-free trading and early insights into low-cap altcoins that could 10x soon.

You also get features like copy trading, automated sniping, honeypot detection, MEV protection, and the cheapest Solana bot fees (0.85%). Holding $SNORT could also give you a tangible edge in the dynamic meme-coin markets.

 Snorter Token utility on the official presale site.

Not only that, the presale price is $0.1039, with an expected 2025 oruce projected at around $1.02, meaning you could gain about 882% with early participation. Early investors could ride the bull and stack APY rewards (122% now) through staking. .

The Snorter Token presale has already raised $3.8M, with a total supply capped at 500M tokens. Moreover, only 5% of the tokens are allocated for staking rewards, fueling scarcity and further price appreciation.

The entry price of $0.1039 is selling out fast, with the next price increase happening in roughly 24 hours. With a time-sensitive pricing model, investors are racing to buy $SNORT at the bargain presale price before it shoots up.

Our Snorter Token price prediction forecasts a 882% increase by the end of 2025. See why.

Takeaway: Early $SNORT Investors Could Ride the Bull Fueled by Solana’s Wall Street Milestone

The news of SOL Strategies’ Nasdaq listing gives significant institutional validation for the Solana ecosystem. The listing has increased mainstream investor confidence and allowed access to large-scale capital.

For Solana-driven investors, this development signals increased liquidity, improved market credibility, and a stronger foundation for long-term growth in Solana blockchain and DeFi applications.

Snorter Token ($SNORT) stands out as one such promising opportunity. With the token’s presale value significantly lower than the anticipated listing price, $SNORT offers you a chance to capitalize on the momentum.

Don’t miss out on securing your spot on Solana’s next big success. Join the Snorter Token Presale before the mainstream catches on!

This is not financial advice. Crypto is volatile—always do your own research (DYOR).

Authored by Aaron Walker, NewsBTC – www.newsbtc.com/news/solana-nasdaq-listing-fuels-snorter-token-presale-3.82m-spike

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